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Equity benchmark indices Sensex and Nifty opened connected a steadfast enactment connected Monday (February 23, 2026), led by beardown buying successful banks and services stocks, tracking a rally successful Asian markets.
Analysts said planetary sentiment was shaped by the U.S. Supreme Court’s verdict that knocked down Donald Trump’s tariffs and termed them “illegal”, a determination that could importantly change planetary commercialized dynamics.
The 30-share BSE Sensex jumped 572.10 points, oregon 0.69%, to 83,386.81 successful aboriginal trade. The 50-share NSE Nifty precocious 190.65 points, oregon 0.75%, to 25,761.90.
Among the Sensex constituents, Adani Ports, Axis Bank, Kotak Mahindra Bank, HDFC Bank, Hindustan Unilever, Mahindra & Mahindra, ICICI Bank, Reliance Industries, State Bank of India, and PowerGrid were the large gainers.
Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, IndiGo, and NTPC were trading successful the red.
“The Trump tariff communicative has go murkier aft the U.S. Supreme Court declared the tariffs illegal. The SC judgement is, indeed, a landmark determination which volition earnestly interaction Trump’s tariff weaponisation strategy,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd., said.
He noted that adjacent the caller 15% planetary tariff imposed nether Section 122 volition beryllium challenged successful courts, and the probability of this determination getting annulled is precocious since Section 122 allows the U.S. President to enforce tariffs to tackle a superior equilibrium of payments crisis, which the U.S. doesn’t person now.
“India has already delayed the sojourn of its commercialized negotiating squad to the U.S. successful airy of the changed scenario. This is simply a invited move,” helium added.
“From the marketplace perspective, the USSC determination is so a positive, but this is not capable to trigger a sustained rally successful the market. The marketplace volition spot lone a alleviation rally, which is improbable to sustain. The marketplace volition respond lone to the fundamentals, which are fortunately improving,” Mr. Vijayakumar said.
The broader Asian markets were trading higher, with Hong Kong’s Hang Seng benchmark surging implicit 2%, portion South Korea’s Kospi went up astir 1%.
Markets successful Japan and mainland China remained closed owed to holidays.
The U.S. equities marketplace ended higher connected Friday (February 20).
Brent crude, the planetary lipid benchmark, declined 1.07% to $70.99 per barrel.
Foreign Institutional Investors (FIIs) offloaded equities worthy ₹934.61 crore connected Friday (February 20), portion home organization investors outpaced FIIs by purchasing stocks worthy ₹2,637.15 crore, according to the speech data.
On Friday (February 20), the 30-share BSE Sensex climbed 316.57 points to settee astatine 82,814.71, portion NSE Nifty precocious 116.90 points to adjacent astatine 25,571.25.
